No More Worrying About Your Kid’s Future: Government Coming Up With New Pension Scheme For Children | Personal Finance News

New Delhi: Finance Minister Nirmala Sitharaman is set to introduce the New Pension Scheme (NPS) ‘Vatsalya’ for children in New Delhi on September 18. The new pension scheme announced in the Union Budget 2024 which allows parents to contribute to their children’s NPS accounts, helping them build a retirement fund and secure their financial future. […]

FM Sitharaman Discusses Investment Opportunities With US International Development Finance Corporation Delegation | Economy News

Union Finance Minister Nirmala Sitharaman held a meeting with a delegation from the US International Development Finance Corporation (DFC) here in the national capital.The delegation was headed by Deputy Chief Executive Officer Nisha Biswal and it also included U.S. Ambassador to India Eric Garcetti and Assistant U.S. Trade Representative for South and Central Asia Brendan […]

FM Nirmala Sitharaman Urges PSBs To Boost Deposits, Reviews Cybersecurity And Fraud Risks In Review Meeting | Economy News

New Delhi: FM Nirmala Sitharaman held a performance review meeting with the heads of public sector banks on Monday, urging them to enhance their deposit growth. However, the deposits have been growing 300-400 basis points below credit growth, leading to an asset-liability mismatch for banks in recent months. According to sources, FM Sitharaman assessed the […]

FM Nirmala Sitharaman To Meet PSU Banks, RRBs Heads For Performance Review On August 19 | Economy News

New Delhi: Union Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting at Vigyan Bhawan on Monday to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs). This meeting aims to evaluate key financial metrics and the effectiveness of various government schemes, ensuring that these financial institutions are […]

EaseMyTrip To Hire 500 Employees Under One Crore Internship Scheme Announced In Budget 2024 | Companies News

New Delhi: EaseMyTrip, an Indian online travel company headquartered in New Delhi, will hire 500 interns under a Central Government scheme announced in the Union Budget. Nishant Pitti, CEO & Co-Founder of EaseMyTrip, made this announcement on the social media platform ‘X’ after attending Prime Minister Narendra Modi’s inaugural session of ‘Journey Towards Viksit Bharat: […]

Budget 2024: Govt Increases Allocations For All Social Sectors, Including Agriculture And Employment | Economy News

New Delhi: Addressing the parliament in a reply on the Budget, Finance Minister (FM) Nirmala Sitharaman highlighted that the allocation of the budget for various social sector schemes has increased compared to last year’s budget and also grown compared to 2013-14. “The expenditure of the government has grown exponentially to Rs 48.21 lakh crore; it […]

Attention Salaried Taxpayers: Want To Save 100 Percent On Your Income Tax? Watch Tips Shared In Viral Video | Personal Finance News

New Delhi: A man from Karnataka went viral on social media for giving “financial advice” to salaried taxpayers on how to “save 100 percent income tax.” The video emerged a few days after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, which quickly became the subject of many jokes and memes online. Content creator […]

Budget 2024: What Is Angel Tax That Is Abolished By FM Nirmala Sitharaman And How Will It Benefit Investors? | Personal Finance News

Budget 2024: India’s Finance minister Nirmala Sitharaman has proposed the abolishment of the ‘Angel Tax’ for all classes of investors to promote the growth of budding entrepreneurs in the country. Finance Minister Nirmala Sitharaman made this move while presenting the Union Budget 2024-25 on Tuesday.  “To bolster the Indian startup ecosystem, boost the entrepreneurial spirit, […]

Economic Survey Recommends Revising Consumer Price Index With Fresh Weights And Item Baskets | Economy News

New Delhi: With an emphasis on controlling Prices and Inflation, the Economic Survey 2023-24, was tabled in Parliament. Economic Survey stated that governments and Central Banks face the challenge of keeping inflation at a moderate level while ensuring financial stability. Achieving this delicate balance requires careful monitoring of economic indicators and taking appropriate and timely […]